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Karan Bajaj YouTube - Coggle Diagram

- - - - 10 companies in portfolio of a VC
        
        7 will fail :red_cross:
        
        2 will give avg returns :checkered_flag:
        
        1 will be successful :tada:
    - - Are you that one company that can give such out-size returns?
      - Is your Idea Big Enough?
      - Do you have abilities to execute that idea?
  - - - Your company's vision and results
      - Market Opportunity
      - Exact funding ask
  - - - People react to both emotions and facts
    - - True story
        
        When he became a writer myself and realized how powerful a creator's life and a life of a creation, and wanted to give this experience very early in life. He got it at age 28, but wanted to give his kids at age 5-6 years this transformative experience. He was very passionate about children becoming creators. White Hat Jr - Coding, music, children creating new stuff.
        
        This means you are passionate and will continue with this mission and create a company that is long lasting
    - - Objective
        
        Why your company is strong and exceptional?
      - Slide 1
        
        Your Business Growth
        
        Sparks attention
        
        Can it become $10B company?
        
        Two parts to the slide
        
        What is the growth rate?
        
        Seed
        
        last 3 months
        
        Series A
        
        last 18 months
        
        Planned Vs Actual numbers
        
        Slide Image
        
        https://trello.com/1/cards/658fae21ff604a6828ee09d5/attachments/658faea3b9bcac385736af67/download/image.png
      - Slide 2
        
        Your Vision
        
        Where you wish to take the company
        
        Is the vision big and obvious?
        
        That will impact millions of users
        
        Slide Image
        
        https://trello.com/1/cards/658fae21ff604a6828ee09d5/attachments/658fae27ab2ae2322acadddd/previews/658fae28ab2ae2322acade57/download/image.png
        
        White hat jr
        
        enabling a generation to create versus consume
        
        If your business is strong and vision is big and compelling 50% work is done
      - Slide 3
        
        Strategy Slide
        
        What is your strategy to meet this vision
        
        Power of three
        
        Should have 3 strategies to meet your vision
        
        Slide Image
        
        https://trello.com/1/cards/658fae21ff604a6828ee09d5/attachments/658fb19b892c838fd76cf0f3/download/image.png
        
        3 strategies
        
        A kid related strategy
        
        A teacher related strategy
        
        A parent related strategy
      - Slide 4
        
        Users having passion for your product
        
        Slide image
        
        https://trello.com/1/cards/658fae21ff604a6828ee09d5/attachments/658fb381d6547900463477e8/download/image.png
        
        This is important for long term success
        
        Users should love your product
        
        Metrics shown
        
        Class experience
        
        Ratings
        
        App Engagement
        
        Word of mouth, renewals and refunds
        
        NPS
  - - - How big is your market?
      - Slide Image
        
        https://trello.com/1/cards/658fae21ff604a6828ee09d5/attachments/658fbc079cb97c1bc161cd6c/download/image.png
      - Number of people in our target market * Avg course price
    - - Why now?
        
        Why others aren't in this market?
      - What has changed that this has become attractive?
      - tech and coding was upfront and central for everyone
        
        transforming every industry
      - Everyone is adopting our product
        
        Metro vs Non Metro
        
        Across age groups
        
        Across income segments
        
        Across geogrpahies
      - There is a wide penetration
        
        because something has changed in this market
      - Slide Image
        
        https://trello.com/1/cards/658fae21ff604a6828ee09d5/attachments/659283b7e56dd25df229680d/download/image.png
    - - Slide image
        
        https://trello.com/1/cards/658fae21ff604a6828ee09d5/attachments/65928513a49159a4a6106980/download/image.png
      - Your technology
      - He put in market - external view
        
        How we are disrupting the market with technology
        
        Why this technology required for this market?
      - Lot of classes are physically connected
        
        We can connect the best teachers with students all over the world through technology
    - - Your competitive reference set and what differentiates you from competition
        
        Why is your product 10x better for your user that your competitor?
      - If the market is attractive and the company is attractive, there will be lot of competitors entering the market
      - Some kind of matrix
        
        Grade x axis
        
        Test prep vs non test prep y axis
      - No players and no player using creativity in education pitch
      - No competitors and first movers and we can scale this market
        
        Should be first or 10x better
      - Slide image
        
        https://trello.com/1/cards/658fae21ff604a6828ee09d5/attachments/65928897bdd1dff1eec55ea8/download/image.png
  - - - What are the economics of your company?
        
        it has direct relevance to the funding you want
      - Unit economics
        
        profit per unit
      - Slide Image
        
        https://trello.com/1/cards/658fae21ff604a6828ee09d5/attachments/65929b45177ad66098f80e09/download/image.png
    - - What is your growth strategy?
        
        Funding request has 2 components
        
        What are your economics per unit?
        
        How many units you want to sell?
      - Slide image
        
        https://trello.com/1/cards/658fae21ff604a6828ee09d5/attachments/65929c200b43d7521f47e47b/download/image.png
      - Here the unit is a class
    - - Funding Ask
        
        unit economics * how many units you are planning to sell
        
        Application of funds in waterfall chart
      - Slide Image
        
        https://trello.com/1/cards/658fae21ff604a6828ee09d5/attachments/65929d8fd7cbe9fc8fbce0f5/download/image.png
      - typically unit economics projection will be positive
        
        your main funding ask will be on a fixed cost
        
        Priority areas
    - - Your team
      - VCs bet on
        
        your business today
        
        vision for tomorrow
        
        team that executes the vision
      - Core functions
        
        Product
        
        Tech
        
        Operations
        
        Curriculum